Palo Alto Networks Closes Acquisition of Twistlock, for $410M

palo alto networksPalo Alto Networks (NYSE: PANW), a Santa Clara, Calif.-based global cybersecurity company, completed its acquisition of Twistlock, the leader in container security, for approx. $410m.

This acquisition will further advance the company’s ability to extend its Prisma™ cloud security strategy and secure today’s modern applications throughout the entire life cycle.

Co-founded by Ben Bernstein and Dima Stopel, Twistlock combines vulnerability management, compliance, and runtime defense for cloud-native applications and workloads. The company serves more than 300 customers, with more than a quarter of those on the Fortune 100 list.
Twistlock co-founders, Bernstein and Stopel, will join Palo Alto Networks. Twistlock will continue to be available as a standalone product and will also be integrated into Prisma Public Cloud.

Led by Nikesh Arora, CEO, Palo Alto Networks is a global cybersecurity leader providing technology that leverages artificial intelligence, analytics, automation, and orchestration to protect tens of thousands of organizations across clouds, networks, and mobile devices.

FinSMEs

10/07/2019

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